[Case Study] Building An Online Business Portfolio To Replace Your Income with Angelica

One goal that most of us want to achieve is financial freedom. And we can only do so by having multiple streams of income through having a business.  But in the back of people’s minds, they have many reasons why they opt not to start a business. Those exact reasons hinders them from achieving “success”. I had a wonderful chance to speak to Angelica who is a Buying Online Businesses member who started an online business and had some success. She decided to turn to buying established online businesses to build a portfolio and replace her income. Angelica has gone from juggling multiple balls in business to buying more passive sites that can make just as much money but without additional work and stress.  We talked about why she turned to the internet to make an online income, her advice around buying courses and educational programs, why she decided to close down her Amazon business and start buying businesses instead, why she bought a content website over all the other business models and what type of content website the site was. She also shared her growth plans for the site and her advice for first time buyers who want to buy an online business too. If you still have doubts in buying an online business, you should check out this podcast to help you decide!   Episode Highlights 00:00 What you’ll learn in this episode 02:16 Niche website builder 03:03 Let's talk about Angelica 05:35 What drew you into online business? 06:52 When did you start? 08:08 Experience with Amazon 10:30 Why did you buy an online business? 13:08 Would you recommend an educational course? 14:30 What type of business did you buy? 15:47 Revenue split and cost of the business 17:27 Due diligence 19:39 The hardest part of buying an online business 21:54 Angelica advice 24:50 Niche selection 26:41 Growth plans 28:49 What are your goals? 30:27 Thank you for listening   About The GuestAngelica is a Buying Online Businesses member who started an online business and had some success. But decided to turn to buying established online businesses to build a portfolio and replace her income. Angelica has gone from juggling multiple balls in business to buying more passive sites that can make just as much money but without additional work and stress.   Resource Links ➥ Buying Online Businesses Website (https://buyingonlinebusinesses.com)  ➥ Download the Due Diligence Framework (https://buyingonlinebusinesses.com/freeresources/) ➥ Visit Niche Website Builders and get EXCLUSIVE OFFERS as a BOB listener (https://www.nichewebsite.builders/bob/)   🔥🔥 Buy & Sell Online Businesses Here (Top Website Brokers We Use) 🔥🔥 ➥ Empire Flippers - https://bit.ly/3RtyMkE ➥ Flippa - https://bit.ly/3WYX0Ve➥ Motion Invest - https://bit.ly/3YmJAmO➥ Investors Club - https://bit.ly/3ZpgioR See omnystudio.com/listener for privacy information.